It must have been a really strong close to the month. December wasn't a big blowout for incentives, so there wasn't a lot of payback in January and consumer confidence really took a jump.
More Quotes from David Healy:
That increase to me suggests that the three-way negotiations among the auto workers union, Delphi and GM are progressing.David Healy
The full cost savings won't be realized until 2008.
David Healy
I think the companies are coming out of it with a contract they can live with, but not with any major reductions in their employment costs.
David Healy
I don't think they could have been locked in a room 247 over the past week and come up with this retirement agreement without coming closer to an understanding on the Delphi wage situation.
David Healy
It's not bet-the-company, but it's pretty darn important. Well, maybe it is bet-the-company.
David Healy
I think the losses at Ford and GM are at their maximum right now. If I'm right, and it becomes clear the losses are shrinking, the stocks may act a little better. But I'm not convinced enough right now to buy them myself.
David Healy
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